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Business, 23.06.2019 02:10, chasadyyy
Which of the following describes a situation in which there would be decreasing marginal utility? a. buying only necessities. b. buying a car to substitute for riding the bus. c. buying food in bulk to save money in the long run. d. buying a second winter coat.
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Business, 23.06.2019 07:50, erinolson07cats
Suppose for a consumer the marginal utility (mu) of bread is 20 utils and the mu of milk is 10 utils; the price of bread is $3 and the price of milk is $1. given this, a. more utility per dollar is gained from consuming bread than milk. b. more utility per dollar is gained from consuming milk than bread. c. the same amount of utility per dollar is gained from consuming milk as bread. d. the consumer is in consumer equilibrium.
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Business, 23.06.2019 21:00, AngelH2650
In the past, peter kelle's tire dealership in baton rouge sold an average of 1,200 radials each year. in the past 2 years, 200 and 250, respectively were sold in fall, 360 and 300 in winter, 150 and 175 in spring, and 320 and 645 in summer. with a major expansion planned, kelle projects sales next year to increase to 1,400 radials. based on next year's projected sales, the demand for each season is going to be
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